# LIVE MARKETS Spending, income, inflation, sentiment: Consumers sing the blues

> Commentary on the week's economic data notes that Federal Reserve officials have signaled they will hike interest rates more aggressively than many market participants expected to combat persistent inflation.

- Date: 2022-01-28 · published 2022-01-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/43327-live-markets-spending-income-inflation-sentiment-consumers-sing-the-blues
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Faster Fed tightening tends to strengthen the dollar and pressure commodity prices, including feed grains and oilseeds priced in dollars.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-06-30 | [U.S. consumer spending, underlying inflation slow in May](https://feedsoft.ai/events/40855-u-s-consumer-spending-underlying-inflation-slow-in-may.md) | +1.5% | +1.0% |
| DXY | 2023-10-13 | [US consumer sentiment sours; dollar aiding inflation fight \| Reuters](https://feedsoft.ai/events/33537-us-consumer-sentiment-sours-dollar-aiding-inflation-fight-reuters.md) | +0.5% | -0.9% |
| DXY | 2026-06-19 | [EUR/USD Loses Ground as Market Sentiment Favours the US Dollar \| Investing.com](https://feedsoft.ai/events/11516-eur-usd-loses-ground-as-market-sentiment-favours-the-us-dollar-investing-com.md) | +0.4% | +0.1% |
| DXY | 2023-12-08 | [EMERGING MARKETS-Colombian peso up after inflation data; Latam FX, stocks slip on the week](https://feedsoft.ai/events/32984-emerging-markets-colombian-peso-up-after-inflation-data-latam-fx-stocks-slip-on.md) | -0.9% | -1.1% |
| DXY | 2021-03-19 | [WCU: Commodity markets consolidate with one eye on inflation \| Saxo](https://feedsoft.ai/events/5670-wcu-commodity-markets-consolidate-with-one-eye-on-inflation-saxo.md) | +1.1% | -0.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/asia/live-markets-spending-income-inflation-sentiment-consumers-sing-blues-2022-01-28/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.